Highland Investment Advisors LLC Buys Shares of 10,253 iShares Russell 1000 Value ETF $IWD

Highland Investment Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 10,253 shares of the exchange traded fund’s stock, valued at approximately $2,486,000. iShares Russell 1000 Value ETF makes up approximately 1.1% of Highland Investment Advisors LLC’s holdings, making the stock its 17th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Retirement Wealth Solutions LLC increased its stake in iShares Russell 1000 Value ETF by 11.5% in the second quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock valued at $91,000 after acquiring an additional 39 shares during the last quarter. Simplicity Wealth LLC lifted its stake in iShares Russell 1000 Value ETF by 0.3% during the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after purchasing an additional 44 shares during the last quarter. Falcon Wealth Planning boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.9% in the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 45 shares in the last quarter. Members Wealth LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.6% in the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 46 shares in the last quarter. Finally, Cardiff Park Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.6% during the 4th quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock valued at $1,563,000 after purchasing an additional 46 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.7%

Shares of NYSEARCA IWD opened at $257.63 on Friday. The stock’s 50-day moving average is $252.41 and its 200 day moving average is $236.42. The stock has a market cap of $83.70 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 1-year low of $199.40 and a 1-year high of $260.19.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.